Commercial Property in Toshima-ku, Tokyo – A Rare Opportunity
This property is a retail space located in Nishi-Ikebukuro 2-chome, Toshima-ku, Tokyo. The building is a six-story reinforced concrete (RC) structure, and this unit occupies the entire first floor. The property has a dedicated area of 69.74 square meters (approximately 21.09 tsubo) and was built in September 1992. It is currently tenanted, offering an investor immediate rental income.
The property is situated in a neighborhood commercial zone and benefits from excellent access to multiple train stations. It is a 10-minute walk from Ikebukuro Station on the Yamanote Line, a 10-minute walk from Mejiro Station on the Yamanote Line, and a 10-minute walk from Ikebukuro Station on the Seibu Ikebukuro and Toshima Lines. The property has a total of 28 units in the building.
Monthly costs include a management fee of 15,000 yen and a repair reserve fund of 9,000 yen. The land is under freehold ownership. The property is managed under a full consignment system.
Agent notes specify that this is an owner-change property. It is a rare retail space in the Toshima-ku area that allows heavy food and beverage (heavy drinking) operations. The area is experiencing a trend of rising land prices, and this property is positioned to provide sustainable income.
